RE: Over $8 billion in new oil sands begins in 201 Actually, including those already in development , beginning this year and in process, the total is over $40 billion in oil sands development projects either in progress or beginning this year.
ABM have little in the way of competition in the aggregate niche and its new projects fit neatly into its current business....more or less a one stop shopping.
A few back of the enveloppe calculations, including the new projects, show that annual revenues for ABM should exceed $150 million within two years.
Management have a large ownership position which aligns all interests together,